Discontinued — last reported Q3 '18
Workday, Inc. Capitalized Contract Costs, Net increased by 2.3% to $859.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 17.0%, from $734.00M to $859.00M. Over 4 years (FY 2021 to FY 2025), Capitalized Contract Costs, Net shows an upward trend with a 20.3% CAGR.
An increase reflects high sales activity and customer acquisition, while the amortization rate indicates the expected duration of customer relationships.
These are incremental costs incurred to obtain or fulfill a customer contract that are recognized as assets and amortize...
Highly specific to SaaS and subscription companies; peers are compared based on the ratio of these costs to total contract value.
capitalized_contract_costs_net| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $389.00M | $408.00M | $423.00M | $494.00M | $497.00M | $519.00M | $531.00M | $612.00M | $598.00M | $614.00M | $640.00M | $741.00M | $721.00M | $724.00M | $734.00M | $828.00M | $812.00M | $840.00M | $859.00M |
| QoQ Change | — | +4.9% | +3.7% | +16.8% | +0.6% | +4.4% | +2.3% | +15.3% | -2.3% | +2.7% | +4.2% | +15.8% | -2.7% | +0.4% | +1.4% | +12.8% | -1.9% | +3.4% | +2.3% |
| YoY Change | — | — | — | — | +27.8% | +27.2% | +25.5% | +23.9% | +20.3% | +18.3% | +20.5% | +21.1% | +20.6% | +17.9% | +14.7% | +11.7% | +12.6% | +16.0% | +17.0% |